ASX Archives

Financial Results • By Anna Wyndham On 11 Oct 2022

Appen Moves Operations Offshore as Shares Continue to Decline

Share price falls after release of trading update; expecting disappointing full-year 2022 revenue and EBITDA results.

Financial Results, Subscriber Content • By Anna Wyndham On 5 Aug 2022

Appen Shares Plunge on Disappointing H1 2022 Results and Full-Year Outlook

Appen reports H1 2022 revenues to be down 7% and EBITDA down 69% versus the comparable period last year. CEO of data-for-AI provider blames sector slowdown rather than competition.

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Financial Results, Subscriber Content • By Seyma Albarino On 1 Mar 2022

Appen Share Prices Tumble After Data-for-AI Leader Releases FY 2021 Results

Record annual revenue of USD 447m unable to offset investor disappointment in ASX-traded company after downgraded EBITDA guidance and plunge in net profit after tax.

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Investment & Funding, Subscriber Content • By Seyma Albarino On 17 Sep 2020

Shares in Language Service Provider Ai-Media Rise After IPO

Shares in translation, transcription, captioning, and subtitling provider Ai-Media open strong after Sydney IPO, boosting company’s market cap to nearly AUD 200m.

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Investment & Funding, Subscriber Content • By Florian Faes On 4 Aug 2020

Australian LSP Ai-Media Targets USD 125m Market Cap in Sydney IPO

Australian language service provider Ai-Media has reportedly begun roadshowing with investors for an IPO scheduled mid-September 2020.

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Industry News • By Florian Faes On 18 Dec 2018

Lionbridge CEO Stays Silent on Australia IPO Reports After a ‘Very Good’ 2018

Lionbridge CEO John Fennelly says he has no comment at the moment about reports that private equity firm HIG is exploring an IPO of Lionbridge in Australia. On 2018, Fennelly highlights a momentum in AI business and a return to growth in the core localization business.

Financial Results • By Florian Faes On 28 Nov 2018

Straker Says Their English to French Translators Now Average 1,000 Words Per Hour

After October IPO in Australia Straker Translations posts half-year results. Six months pro-forma revenues grew to USD 9.1m and adjusted EBITDA shows a slight profit. Company says their freelance English to French freelancers average 1,000 words per hour and earn USD 28 per hour.

Mergers & Acquisitions • By Florian Faes On 5 Oct 2018

Straker Translations Bought Eule and MSS This Summer Ahead of Upcoming Australia IPO

Straker Translations completed two acquisitions this summer to bulk up ahead of its planned October 22 initial public offering on the Australia Stock Exchange.

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